China Credit Growth Slows

Concerns Loom Over Financial Risks, Weak Domestic Demand

BEIJING—China posted weak lending figures for October despite a massive capital injection and other efforts by its central bank to spur growth, heaping more pressure on authorities to ease monetary conditions.

The figures released by the People’s Bank of China on Friday are the latest sign of lost momentum for the world’s second-largest economy. Growth in investment, factory production, exports and retail sales all slowed in October. The economy grew by 7.3% year-over-year in the third quarter, its slowest pace in more than...